Scams Financial News

23.05 / 06:57

Twitter Scams Fraud Artists phishing scam Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account

Digital artist and popular non-fungible token (NFT) creator Mike Winkelmann, more commonly known as Beeple, had his Twitter account hacked on Sunday, May 22 as part of a phishing scam.

21.05 / 00:05

Ethereum Scams EOS Bitcoin Cash 3 red flags that signal a crypto project may be misleading investors

Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping the network get established, then vanishing without so much as a trace.

09.05 / 11:35

business Adoption Binance Scams Binance takes legal action against fake billboard ads in Turkey

Binance TR, the Turkish arm of crypto exchange Binance, has warned investors in the region of an ongoing scam attempt that targets crypto investors via fake Binance-branded billboards and hoardings.

09.05 / 07:35

Blockchain regulation SEC Scams Mining Capital Coin CEO accused of $62M investment fraud scheme

The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department of Justice (DOJ) for “allegedly orchestrating a $62 million global investment fraud scheme.”

03.05 / 04:55

Hackers security Scams Loans More than $1.6 billion exploited from DeFi so far in 2022

The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with over $1.6 billion in crypto stolen from users, surpassing the total amount stolen in 2020 and 2021 combined.

25.04 / 20:05

Blockchain Adoption Scams phishing phishing attack Bored Ape Yacht Club NFTs stolen in Instagram phishing attack

As told by Bored Ape Yacht Club (BAYC) developers on Monday, hackers breached the popular nonfungible token, or NFT, collection's official Instagram page and shared links to a fake airdrop with the project's followers.

18.04 / 06:23

business Blockchain Apple Scams Phishing attacks MetaMask warns Apple users over iCloud phishing attacks

ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks.

15.04 / 00:57

business Twitter Social Media Scams elon Elon Musk's 'top priority' for Twitter includes cutting down on crypto scam tweets

With a net worth of reportedly more than $300 billion, Elon Musk said he could “technically afford” to purchase Twitter outright, but also had plans to change the user experience of the major social media platform.

14.04 / 13:07

Blockchain Cybersecurity Scams Marketplace Lost Researchers find security flaw in Rarible: Users could have lost all their NFTs

The research arm of cyber security software firm Check Point said it identified a vulnerability in the Rarible NFT marketplace that could have seen many of its roughly two million active monthly users lose their NFTs in a single transaction.

12.04 / 19:35

Blockchain Ethereum Scams Fraud Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections

The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing.

05.04 / 10:33

Government Scams UK government Pudgy Penguins Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins

The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one non-fungible token (NFT) to be issued by the end of the year “as an emblem of the forward-looking approach the UK is determined to take.”

30.03 / 07:13

Adoption Apple Scams Android 13 apps removed after researchers uncover Trojan crypto wallet scheme

Research by cyber security firm ESET has uncovered a “sophisticated scheme” that disseminates Trojan apps disguised as popular cryptocurrency wallets.

25.03 / 05:43

business regulation Scams us government DOJ cracks down on 'rug pulls', charging Frosties NFT project founders

The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges relating to fraud and money laundering.

18.03 / 08:33

business Facebook Scams Australian Australian competition regulator takes Meta to court over fake crypto ads

The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch engaged in “false, misleading or deceptive conduct” by publishing scam celebrity crypto ads.

18.03 / 08:25

Hackers security Scams Fraud Bears phishing attack Rare Bears Discord phishing attack nabs $800K in NFTs

Recently launched NFT project, Rare Bears, was hit with an attack, after a hacker posted a phishing link in the project's Discord channel, stealing nearly $800,000 in NFTs.

15.03 / 17:11

Blockchain Scams Kraken Bitcoin Crypto users Bitcoin stealing malware: Bitter reminder for crypto users to stay vigilant

An unfortunate Bitcoin (BTC) user was duped out of 0.255 BTC, almost $10,000, due to malware running on their computer.

11.03 / 08:11

Hackers hacks Sport Scams ESPN ESPN's baseball reporter's Twitter account hacked by NFT scammers

In what ESPN Major League Baseball reporter Jeff Passan called the “biggest news day” of his life, scammers hijacked his Twitter account to promote an NFT giveaway.

01.03 / 16:49

SEC Scams fraud case SEC unable to locate BitConnect founder convicted in $2.4B fraud case

Indicted by the United States Department of Justice in a $2.4 billion Ponzi scheme, BitConnect founder Satish Kumbhani remains untraced following conviction.

26.02 / 09:25

business Blockchain Scams Indian DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme

The founder of the infamous crypto exchange BitConnect, Satish Kumbhani, has been charged for allegedly misleading investors globally and defrauding them of $2.4 billion in the process.

23.02 / 22:11

Blockchain Technology Adoption Scams Security firms seek to make it more difficult for scammers to get away with DeFi project hacks

The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace.

17.02 / 21:35

Adoption NFT Scams Drop Blockchain community busts alleged $20M NFT drop scam before sale completion

Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called "Squiggles,", which had an NFT drop scheduled for Feb. 10. At the time, Squiggles had amassed over 230,000 followers on Twitter.

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